Studio · 438 sqftMarina Diamond Tower 2, Dubai Marina · 6th floor · completed 2007

617, Marina Diamond Tower 2

Sold prices and rental history: sold 3 times, last in July 2024, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 617 · DLD and Ejari recordsUpdated 9 July 2024
Last soldAED 650K9 July 2024
Current rentAED 55K /yr15 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 617, Marina Diamond Tower 2

What is 617 worth today?

Last sold for AED 650,000 in 2024

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9 Jul 2024SoldReady
AED 650,000AED 1,484 per sqft
15 Nov 2023RentedNew contract
AED 55,000/yr12 months · AED 125 per sqft
25 Jul 2022RentedNew contract
AED 40,000/yr12 months · AED 91 per sqft
20 Jun 2021RentedRenewal
AED 31,625/yr12 months · AED 72 per sqft
20 Jun 2020RentedNew contract
AED 33,000/yr12 months · AED 75 per sqft
2 Nov 2009SoldReady
AED 400,000AED 913 per sqft
25 Oct 2009Sold by developerReady
AED 334,745AED 764 per sqft

Source: Dubai Land Department. Updated 9 July 2024.

Key facts

Type
Studio apartment
Size
438 sqft
Floor
6th of 15
Parking
40 G.F
Developer
Diamond Developers
Completed
2007
Service charge
AED 8,000 /yr
Last sold
AED 650K · July 2024

About 617, Marina Diamond Tower 2

617 is a studio of 438 sqft on the 6th floor of Marina Diamond Tower 2, a 15-storey tower in Dubai Marina completed in 2007 by Diamond Developers. It last sold on 9 July 2024 for AED 650,000, or AED 1,484 per sqft, in line with the AED 1,496 studios in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, signed on 15 November 2023, is AED 55,000 a year: a gross yield of 8.5% on the 2024 price, before the service charge of about AED 8,000 a year.

Sales and rents for 617 over time

Sales
Unit 617, each saleTypical studio in Marina Diamond Tower 2
400K600K2008201320182023Typical sale price by year: 2008 AED 324,119; 2009 AED 379,328; 2010 AED 401,035; 2011 AED 336,000; 2012 AED 430,000; 2013 AED 520,000; 2014 AED 675,000; 2015 AED 682,500; 2017 AED 650,000; 2018 AED 530,000; 2019 AED 482,500; 2021 AED 390,000; 2022 AED 490,000; 2023 AED 535,000; 2024 AED 650,000; 2025 AED 700,000; 2026 AED 650,000Sold by developer, October 2009: AED 334,745 (AED 764 per sqft)Sold, November 2009: AED 400,000 (AED 913 per sqft)Sold, July 2024: AED 650,000 (AED 1,484 per sqft)

617 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 617, each contractTypical studio in Marina Diamond Tower 2
40K60K2012201620202024Typical rent by year: 2012 AED 41,000; 2013 AED 50,000; 2014 AED 62,000; 2015 AED 63,000; 2016 AED 60,000; 2017 AED 55,000; 2018 AED 48,000; 2019 AED 42,000; 2020 AED 31,000; 2021 AED 31,625; 2022 AED 38,000; 2023 AED 45,540; 2024 AED 55,000; 2025 AED 56,000; 2026 AED 54,000New contract, June 2020: AED 33,000 a yearRenewal, June 2021: AED 31,625 a yearNew contract, July 2022: AED 40,000 a yearNew contract, November 2023: AED 55,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Marina Diamond Tower 2, and where 617 sits

All 87 studios →

617 last sold in July 2024 at AED 1,484 per sqft, in line with what studios in Marina Diamond Tower 2 were fetching at the time (AED 1,496). Over the last 12 months studios sold for AED 650,000 to 700,000, around AED 1,621 per sqft, and rent for AED 44,000 to 70,000 a year. 617's AED 55,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
6 Oct 2026650,000
11 Mar 2026700,000
6 Jan 2026650,000
30 Jul 2025700,000
3 studio sales in the last 12 months

Marina Diamond Tower 2

Building

276 apartments, studios to 2-bed over 15 floors in Dubai Marina, completed in 2007 by Diamond Developers. 13 sold in the last 12 months.

Typical price per sqft
AED 1,553 Up 9.6%
Typical sale
AED 853K
Typical rent
AED 64K /yr
Typical yield
7.3%
Marina Diamond Tower 2, Dubai Marina: prices, sales and rents →

Other units on the 6th floor

All 276 units in Marina Diamond Tower 2
Value
6012-bedAED 560K · Nov 2012
602StudioAED 600K · Jan 2025
6032-bedAED 1.08M · Apr 2017
6041-bedAED 800K · Feb 2017
605StudioAED 750K · Apr 2025
6061-bedAED 900K · Dec 2024
6071-bedAED 1.5M · Jun 2025
1–7 of 17

617, Marina Diamond Tower 2 in numbers

  • Sold 3 times: first on 25 October 2009 for AED 334,745, last on 9 July 2024 for AED 650,000 (AED 1,484 per sqft).
  • Rented since June 2020 on 4 Ejari contracts, from AED 33,000 to AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2024 price is 8.5%, before a service charge of about AED 8,000 a year (AED 18.33 per sqft).
  • Studios in Marina Diamond Tower 2 sold for AED 650,000–700,000 in the 12 months to November 2026; the building's median across all types is AED 1,553 per sqft.

Source: Dubai Land Department. Updated 9 July 2024.

Questions about 617, Marina Diamond Tower 2

What did unit 617 last sell for?

AED 650,000 on 9 July 2024: AED 1,484 per sqft for 438 sqft. The unit has 3 registered sales; the first was AED 334,745 in October 2009.

What is the rent for unit 617?

AED 55,000 a year on the contract signed on 15 November 2023. The previous contract, from July 2022, was AED 40,000; the unit has been rented since June 2020.

How big is unit 617?

438 sqft (40.7 sqm): a studio on the 6th floor of a 15-storey tower completed in 2007.

What is unit 617 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Marina Diamond Tower 2 sold for AED 650,000 to 700,000 in the last 12 months, around AED 1,621 per sqft.

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Mortgage on 617, Marina Diamond Tower 2

Starts from the last sale price (AED 650K, 9 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 650,000
Deposit, UAE resident (20%)
AED 130,000
Deposit, non-resident (40%)
AED 260,000
Monthly over 25 years at 3.7%
AED 2,659

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →